Acclaimed Australian film director Baz Luhrmann has released a romantic advertisement for Chanel No. 5.

The three-and-a-half minute film You’re the One that I Want stars supermodel Giselle Bündchen and Michiel Huisman from Game of Thrones.

It follows an epic love story about a 21st century woman who seems to have it all, but faces the ultimate challenge between balancing her career, marriage and family.

“[Gisele] can be incredibly athletic. She has children. She has a very, very significant relationship. She has a career where she can create aspirational, sensual, incredibly glamorous imagery,” Luhrmann said.

The advertisement sees the 34-year-old model traipsing through a lush modern house, surfing at the beach and wandering through city streets at night.

Soundtracked with the smooth Lo-Fang remake of the Grease classic You’re the One That I Want, the music amplifies the advertisement’s message that love prevails over all, as seen when Bündchen and Huisman embrace in a kiss.

“What’s most important to her, and I think I’m not out of line saying this, is love. That’s what we try to convey in this little film,” Lurhmann said.

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Lurhmann who also appears briefly in the clip has created three versions of the short film with 203-, 60- and 30-second durations.

The Australian director claims that Bündchen’s character is reflective of the fashion label's founder Coco Chanel’s own life.

“It’s a classic fragrance. But for me, it’s never so much about the fragrance itself but about the woman who wears that fragrance, because the symbol of this fragrance is so much greater than the idea of being a product,” Lurhmann said.

The compelling sets were crafted by Lurhmann’s wife Catherine Martin.

Martin, who has previously won an Oscar, also sourced the extravagant costumes used in the advertisement from Chanel’s very own Dubai collection.